Morocco II-Compact

General

MCC's $450 million Morocco Employability and Land Compact supports two Moroccan Government priorities that will contribute to economic growth and investment in the country: employability and land productivity. Morocco's economic and political stability has contributed to continuous economic growth and significant poverty reduction over the past decade. Although poverty trends are improving, regional inequality remains considerable, with an urban/rural divide in access to public services and economic opportunities. Morocco has critically low rates of gender equality and one of the lowest female labor force participation rates in the world. By supporting policy and institutional changes that will improve Morocco's investment environment and by creating models for engagement with the private sector, the Employability and Land Compact address both the supply and demand sides of the labor market. The Government of Morocco is strongly committed to carrying out these policy and institutional reforms and will make a financial contribution of more than 15 percent toward the compact.